Category: Kuala Lumpur

Bitcoin Press Release: Hada DBank have announced a new OTC partnership with popular platform Secure Coinbrokers. HADACOIN tokens soon to be listed on numerous exchanges.

November 11th, 2018, Kuala-Lumpur – Over the last few months the team at Hada DBank have been busy developing their blockchain technology in preparation for the banking platforms imminent launch.

Hada DBank recently updated its HADACoins, redistributed the new tokens to all the token holders. The new update saw a significant update, offering enhanced security and functionality, as well as a more streamlined code to adhere to the current ERC-20 standard.

September also saw the establishment of another strategic partnership for Hada DBank. Secure Coin Broker (SCB) joins in as HADADBank OTC Partner. SCB is an institutional trading firm focused on providing two-way OTC transaction settlement for both private and institutional clients. The company are specializing in both large and small block trades with secure custodial services through escrow partners. SCB also offers turn-key white label software solution for ICO’s, exchanges and FX operators

Michael Buchbinder, Partner Secure Coin Broker, stated;

“Secure Coin Broker is looking forward to working with Hada DBank and its clients offering them quick and easy ways to acquire or liquidate their digital asset holdings.”

On the matter of banking license, in October, the management has initiated the process to apply for a Euro Banking License from an EU Country Member. Hada DBank are currently in the final stage to select a consultant to assist them in obtaining the license, in which the duration is estimated around 6 months or more, pending procedures and documentation from the host country as well as approval by the European Central Bank (ECB).

With its HQ set to be based in Switzerland, registration of the stronghold will be done during the application of the EU Banking Licenses.

Hada DBank has also decided on making Indonesia it’s regional base for its the ASEAN market. Indonesia has a population of 290 Million, 227 million of which, are Muslims, and present the ideal target market for Hada DBank to grow and serve its South East Asia customers.

The Middle East & North Africa (MENA) are also very relevant markets, that Hada DBank is focusing their attention on as they look to develop in late 2018, early 2019. A MENA Regional Office will be announced by Q3 2019 once negotiations with potential investors in the region are completed.

Hada DBank is also currently in talks to venture into an academic partnership. Currently, they are looking into partnering with an international university to introduce a join certified programme at their university and establish a Lab at the university to train the students.

A 24-Month Expansion Plan has been drafted. Plans include to create a future technology hub in ASEAN region and expanding HADA brand into other sharia-compliance related FinTech projects i.e HADA Exchange at the Hub.

About Hada DBank

Set to revolutionize the world of banking, Hada DBank determines to fuse blockchain technology with Islamic Banking Module. Having recognized the challenges for customers in the current banking state, blockchain technology will ensure security and transparency, while Islamic Banking module will ensure ethical banking and investment.

Hada DBank believes in benefiting and putting clients interests first, rather than profiting without limit and ethics. ‘Caring & Personal’ are the two words that will be embedded in every aspect of Hada DBank’s corporate culture, product, and services.

Hada DBank is the source of this content. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. Cryptocurrencies and tokens are extremely volatile. There is no guarantee of a stable value, or of any value at all. Token sales are only suitable for individuals with a high-risk tolerance. Token sales are only suitable for individuals with a high-risk tolerance. Only participate in a token event with what you can afford to lose. This press release is for informational purposes only. The information does not constitute investment advice or an offer to invest.

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Bitcoin Press Release: Hada Dbank Advisor Robby Schwertner AKA “Crypto Robby” was a special guest at Crypto Curios most recent Podcast, and spoke about his passion on blockchain technology and how he thinks it will change our world.

March 8, 2018, Kuala Lumpur, Malaysia – Crypto Curios Podcast recently hosted Hada Dbank Advisor Robby Schwertner AKA “Crypto Robby”. The cryptocurrency Industry advisor spoke about his passion for blockchain technology and what changes he believes that it will bring to the future. Hada DBank is the world’s first digital Islamic bank and strives to provide the public with a fair and transparent risk and responsibility sharing, augmented by the technical innovation of the blockchain.

How do you start getting educated about Blockchain and Cryptocurrency? Many people will turn to articles, books (both physical and ebooks), videos and the internet. What many people didn’t realize is that, Blockchain and Cryptocurrency revived another medium of information sharing – The Podcast. Many podcast channels out there are constantly interviewing and sharing information about the industry.

Last week, our advisor – Robby Schwertner AKA “Crypto Robby” was a special guest at Crypto Curios Podcast speaking about his passion for blockchain technology. Speaking to James and Jeremy, the guys at Crypto Curious Podcast, Crypto Robby shared, how 4 years ago he stumbled upon the paper by Satoshi Nakamoto on bitcoin and the blockchain technology. With a background in real estate and energy, his first impression of blockchain is to assume that it’s a chain of building or houses; of course, that’s not the case. His curiosity got the best of him and he started digging on the subject matter and fell in love.

Blockchain as Robby puts it is a wonderful technology that enables the transfer of property and value instantly and securely. For example of this value includes money (cryptocurrencies), energy, intellectual properties and very much. Another feature of blockchain that was highlighted during the interview is that it is not possible for anyone, neither individuals nor businesses to do the double spending. What this means is that the value transfer is an actual value and not on credit. Cryptocurrency is also encrypted and blockchain is almost impossible to hack.

When asked about his opinion on the subject matter of Bank vs Blockchain, Robby revealed that it’s a 50/50 reception from a bank. He stated to banking executives some years ago during a meeting that:

“Some banks are concerned about how the blockchain will impact their business, on the other side many are looking into adopting and implementing the technology within their banking platform and system. The blockchain is not going anywhere, so adapt and shift your business focus”

The ultimate passion and interest of blockchain for Robby is the #ReturnOnSociety aspect of it. Blockchain enables the distribution of wealth back to the people and society. A Project such as Hada DBank where one of the main service provided is a Limited Unbanked Account, will help the unbanked population to gain access to a bank account, to store currency and remit funds when needed. Hada DBank also does not impose interest and service fees to their customers.

Robby also explained that the mismanagement and fraud that happened in the industry is not because of the technology itself, but the fault lies in the moral hazard that any industry suffers from. When asked if he thinks the Cryptocurrency aspect of blockchain will die down, Robby said that many people are fearful of the volatility of cryptocurrencies. However, he also reminded that national currency is also volatile and it is evident in countries such as Venezuela where hyperinflation destroyed the country and its economy.

The interviewed ended on a high and educational note with a kind advice by Robby:

“We need to be curious to discover the chances of blockchain technology and embrace it.”

Set to revolutionize the world of banking, Hada DBank determines to fuse blockchain technology with Islamic Banking Module. Having recognized the challenges for customers in the current banking state, blockchain technology will ensure security and transparency, while Islamic Banking module will ensure ethical banking and investment.

Hada DBank believes in benefiting and putting customers’ interest first, rather than profiting without limit and ethics. Thus – Caring & Personal will be the two words that will be embedded in every aspect of Hada DBank’s corporate culture, product, and services.

Hada DBank’s Pre-ICO is currently live, with an ongoing flash sale for the 1st one million tokens going up for sale at 1ETH = 4,000 HADACoin.

Hada DBank is the source of this content. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. This press release is for informational purposes only. The information does not constitute investment advice or an offer to invest. The Hada Dbank token sale is closed to US participants and participants of all countries in which ICOs are illegal.

Bitcoin Press release:World’s first blockchain based Islamic bank HADA Bank has received a $500,000 Investment from DE Asset Management Limited as they look to secure a long-term business partnership.

25 February 2018, Kuala Lumpur, Malaysia – Pioneering Islamic digital bank – Hada DBank has announced that is it working closely with investment company DE Asset Management Limited in a what will be a long-term strategic partnership. DE Asset Management Limited has prior experience with various investment projects and is looking to develop and launch its own cryptocurrency fund through Hada DBank. The large Investment of $500,000 was made by DE through Hada DBank’s current token presale.

DE Asset Management Limited has been executing Venture Capital Investments and strategic partnerships since 2013 in regions such as North America, Caribbean, Middle East, UK, East and Southeast Asia.

Established in 2010 as a sole proprietor under the name Darrell Emmanuel Asset Management, DE invested heavily in the energy sector especially green energy, then shifted their investment focus on the employment Industry where they had measured success. After that they moved to health care and were successful. In 2017, DE decided to focus on the Crypto Industry and have now invested in a number of ICOs.

Darrell Emmanuel, president of DE Asset Management Limited had this to say about Hada DBank:

“Hada DBank is a very promising project, with a highly ambitious team and great working ethics overall. I personally believe in this project and foresee the company will soar in value in the near future. The relationship between DE and Hada DBank is a symbiotic one and the best way for both to benefit is to grow together. DE will continue to support Hada DBank in the long run, and this is proven by our decision to procure HADACoins.”

When contacted, Mohd Al-Shazanous, CEO of Hada DBank stated that:

Hada DBank is very happy and looks forward to a long and prosperous partnership with DE Asset Management Limited.”

Mohd has voiced that the support given to the partnership from advisors, strategic business partners and investors has been very much appreciated. He believes that the collaboration will be a long and prosperous one for both businesses as they strive to break new ground in the world of blockchain technology.

About Hada DBank

Set to revolutionize the world of banking, Hada DBank determines to fuse blockchain technology with Islamic Banking Module. Having recognized the challenges for customers in the current banking state, blockchain technology will ensure security and transparency, while Islamic Banking module will ensure ethical banking and investment.

Hada DBank believes in benefiting and putting customers’ interest first, rather than profiting without limit and ethics. Thus – Caring & Personal will be the two words that will be embedded in every aspect of Hada DBank’s corporate culture, product, and services.

Hada DBank’s Pre-ICO is currently live, with an ongoing flash sale for the 1st one million tokens going up for sale at 1ETH = 4,000 HADACoin.

Hada DBank is the source of this content. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. This press release is for informational purposes only. The information does not constitute investment advice or an offer to invest. The Hada Dbank token sale is closed to US participants and participants of all countries in which ICOs are illegal.

Bitcoin Press Release: Eschewing the flawed aspects of conventional banking to advocate the fairer and more transparent ideals of Islamic Banking, Hada Bank aims to be the first digital bank to fuse Islamic banking modules with the innovative features of blockchain technology.

February 1st 2018, Kuala Lumpur, Malaysia – With the emergence of Islamic banking principles to forge a new future ahead of the current conventional banking and financial systems, Kuala Lumpur-based Hada DBank is working to place itself at the forefront, founded on the Islamic values of fair and transparent risk and responsibility sharing, augmented by the technological innovation of blockchain.

Why Islamic Banking?

Despite seemingly similar operations on the surface, Islamic banking is distinguished from traditional banking in two major principles: the first is sharing of profit and loss, the second is the prohibition of interest by both lenders and investors, discarding all interest-bearing models that have been proven to be unsustainable and complicit in the failures of global banking.

Less risk: Owing to stricter principles with regards to capital requirements and deposit mobilization, Islamic Banking by definition carries less risk and results in more resilient operations than its conventional counterparts.

Transparency: Depositors in Islamic banks are entitled to being fully informed about exactly what and how banks utilize their deposits. Depositors are also democratically allowed to have a say in where their money is invested.

The Hada DBank edge

Because of Islamic Financial Laws prohibiting risky ventures, Hada DBank will have a maximum Liability to Asset ratio of 1:3. All savings will always be backed by valuable assets such as precious metals, and are fully insured according to Islamic banking principles.

All users will have access to a full-feature personal banking service including:

– Physical and virtual debit cards with cashback and discount programs with affiliate partners and merchants.

Users will also have access to Bot HUDA, a financial management bot that helps them manage their spending, income and financial goals. Users can also take advantage of sophisticated artificial intelligence (AI) in the form of a personal financial advisor (HADI) that can help make informed investment decisions based on objective advice and assessment.

Caring and personal

Hada DBank’s core values of caring and personal shapes its services, transactions, interactions and business operations. Recognizing that its customers are the backbone of a bank, Hada DBank aspires to care, working to improve lives, rather than simply to profit from them. It will work hard to personalize services and attention, encouraging and fostering the great diversity of needs and requirements from each individual customer.

Far from exclusion, Islamic banking is not simply for Muslims. Islamic banking principles urge for universal inclusion and carry in its name a distinct message of transparency and risk-sharing for all.

Media partnership with Bitcoin PR Buzz

As a pioneering digital bank aiming to augment Islamic banking modules with blockchain technology, Hada DBank is cognizant of the need for widespread advocacy and awareness-raising of its innovative project.

As such, it is proud to announce a partnership with Bitcoin PR Buzz as its strategic media partner. As the world’s first cryptocurrency and blockchain PR agency, it benefits from its intimacy and reputation with various information distribution platforms such as CryptoCoinsNews, The Merkle, Coinspeaker, CoinIdol and many other international Bitcoin news sites. In addition, its network extends to several hundred online news outlets.

Bitcoin PR Buzz welcomed the new partnership, saying: “We are excited to support the world’s first blockchain-based Islamic bank.”

With a solid media partnership formed, Hada DBank looks forward to increased visibility and heightened presence in the industry.

Hada DBank development and HADACoin

To raise the funds necessary for the full development of products and services of the world’s first blockchain-based Islamic digital bank, Hada DBank will host a crowdfunding campaign through the HADACoin token sale.

HADACoin will be the native digital asset to enable users to conduct basic and daily banking transactions, convertible to and from other fiat and cryptocurrencies within the Hada DBank platform and debit card. Based on the Ethereum platform, HADACoin benefits from the transparency of a public blockchain and the security of smart contracts.

HADACoin will be sold during the pre-sale at increasingly higher rates adjusting to supply, starting at rate of 1 ETH = 2,000 HADACoins for the first 10 million tokens, gradually reducing every 10 million tokens. A flash sale is now live, with ETH granting participants with 4000 tokens, for the 1st 1 million Coins

With the recent acquisition of several strategic partners, including BPRB, Hada DBank has decided to extend its pre-sale to February 28th, 2018 to take advantage of enhanced marketing and market penetration.

Once the Hada DBank platform launches, HADACoin will be trading on the F1Cryptos exchange the first of many exchange platform partnerships in the pipeline.

The Team

Hada DBank’s development team benefits from the diverse experience of its members in business, blockchain, computer security, investment and banking sectors.

Some of its key team members include:

Mohd Al-Shazanous, CEO/CFO/Co-founder

With a decade of experience in financial and risk management within the banking and energy sectors, Mohd has profound insight into economic issues of poverty and believes that the freedom, transparency and fairness of both Islamic banking and blockchain principles can forge a future foundation for a new, resilient global economy. https://www.linkedin.com/in/mohd-al-shazanous-mohd-bakar-56410a106/

Linda Azmi, CMO/Co-founder

Having managed marketing projects for some of the biggest names in Southeast Asia, Linda has an eye for developing cutting-edge marketing strategies and understands the value of digital marketing. https://www.linkedin.com/in/lindaazmi/

Juan Mahussin, CTO/Co-founder

A true tech geek at heart, Juan has the uncanny ability to dissect any technology and improve upon it. He speaks Solidity and Python, and also happens to be a skilled graphic and 3D designer. https://www.linkedin.com/in/juanmahussin/

Nurturing aspirations of being a social influencer, Ernest’s keen interest for social media and blockchain technology makes him the perfect public face for Hada DBank. https://www.linkedin.com/in/ernestloh/

The team is also backed by multi-faceted advisory board with some of the leading lights of academia, legal and banking, including the likes of Prof Emeritus Dr Barjoyai Bardai (Islamic Banking and Finance), Ayad Almutairi (Islamic Banking and Investment), Dr Guan Seng Khoo (Risk and Data Scientist) and Robby Schwertner (Blockchain Economy Expert).

Hada DBank is the source of this content. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. This press release is for informational purposes only. The information does not constitute investment advice or an offer to invest. The Hada Dbank token sale is closed to US participants and participants of all countries in which ICOs are illegal.